Westmag designs and manufactures BLDC motors and actuators, built in America for the next generation of autonomous machines. Backed by a16z.
About the role
As Head of Finance at Westmag, you will be our first finance hire and will build the finance function from the ground up. Reporting to the COO, you will own accounting, planning, cash and reporting, and put in place the systems, controls and processes a fast-scaling manufacturer needs. This is a hands-on, builder role: you will close the books and build the model yourself before you hire a team. Found on 1752vc Careers, the job board for startup and VC roles.
What they're looking for
- Bachelor's degree in Accounting, Finance, Economics or a related field
- 8+ years of progressive experience in accounting and finance, including 3+ years leading the finance function or serving as the senior finance person at a company
- Hands-on experience with manufacturing or hardware finance, including inventory accounting, standard costing and COGS analysis
- Strong command of U.S. GAAP, the monthly close and financial statement preparation
- Demonstrated ability to build financial models, budgets and cash forecasts from the ground up
- Experience implementing or scaling accounting and ERP systems (e.g., QuickBooks, NetSuite, Xero or similar)
More about this role
Westmag is the American manufacturer of drone motors and robot actuators, backed by Andreessen Horowitz, Founders Fund, Lux Capital, NFDG, Menlo Ventures, and other top investors. Westmag is committed to building and scaling in the U.S. to serve the global market. For more information, visit westmag.com .
As Head of Finance at Westmag, you will be our first finance hire and will build the finance function from the ground up. Reporting to the COO, you will own accounting, planning, cash and reporting, and put in place the systems, controls and processes a fast-scaling manufacturer needs. This is a hands-on, builder role: you will close the books and build the model yourself before you hire a team. Working closely with Production, Supply Chain and Engineering, you will give leadership a clear view of unit costs, margins and cash and your work will directly shape how Westmag funds and scales the production of millions of motors and actuators in U.S. factories.
● Build Westmag's finance function from scratch, deciding what to run in-house and what to manage through outside partners such as bookkeepers, CPAs and auditors.
● Build and maintain the company's financial model, annual...
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